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Home My WebLink AboutRESOLUTION 07-18CCRESOLUTIONFORSUPPLEMENTALBUDGETAPPROPRIATIONSTOTHE2018BUDGETNO.07-18WHEREAS,theBoardofTrusteesoftheTownofEstesParkhasadoptedthe2018annualbudgetinaccordancewiththeLocalGovernmentBudgetLawonNovember28th,2017;andWHEREAS,appropriationsforcertainprojectsunderwayin2017thathavenotbeenencumberedwithapurchaseorderneedtoberolledovertofacilitatecompletionoftheseprojects;andWHEREAS,additionalprojectsandactivitieshavebeenidentifiedthatwerenotknownorincludedintheoriginalannualbudget;andWHEREAS,itisnotonlyrequiredbylaw,butalsonecessarytoappropriatetherevenuesprovidedinthebudgettoandforthepurposesdescribedbelow,soasnottoimpairtheoperationsoftheTownofEstesPark.NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:Thattheappropriationsbeincreasedby$6,272,945forfundsspecifiedbelowandtheseamountsareherebyappropriatedfromadditionalrevenueoravailablefundbalanceofeachfund.FundFundNameExistingAmendmentAmended#AppropriationsAppropriations101GeneralFund18,545,4411,569,03020,114,471204CommunityReinvestmentFund2,726,7451,170,0393,896,784211ConservationTrustFund32,541032,541220LarimerCountyOpenSpaceFund512,345781,3851,293,730236EmergencyResponseSystemFund45,685045,685238CommunityCenterFund696,7000696,700244TrailsFund400,000(100,000)300,000260StreetFund5,617,57718,2565,635,833502Light&PowerFund18,653,5941,329,43719,983,031503WaterFund8,825,4411,393,34710,218,788606MedicalInsuranceFund2,002,90902,002,909612FleetMaintenanceFund426,5710426,571625InformationTechnologyFund715,7710715,771635VehicleReplacementFund255,465111,451366,916TotalAllFunds59,456,7856,272,94565,729,730 TOWN OF ESTES PARK RECAP OF PROPOSED BUDGET ADJUSTMENTS FOR YEAR ENDED 12-31-2D18 RESOLUTION 07-18 AS OF MARCH 27,2018 101 204 211 220 236 238 244 260 COMMUNITY CONSERVATION LARIMER COUNTY EMERGENCY COMMUNITY GENERAL FUND REINVE5TMENT TRUST OPEN SPACE RESPONSE CENTER TRAILS STREET Revenues,As Amended $22,575,351 $3,830,396 $32,550 $1,713,847 $69,800 $696,700 $356,930 $2,021,900 Expenses,As Amended 20,114,471 3,896,784 32,541 1.293,730 45,685 696,700 300,000 5,635,833 Net 2,460,880 (66,388)9 420,117 24,115 0 56,930 (3,613,933) Estimated Beginning Fund Balance,1/1/18 1,685,219 609,377 53,119 (297,212)31,802 0 193,744 4,136,981 Estimated Ending Fund Balance,12/31/18 $4,146,099 $542,989 $53,128 $122,905 $55,917 $0 $250,674 $523,048 nudges Reserves Community Drive/US 36 Intersection (Appropriated in 18) FLAP reserve Nonspendable Prepaid Fund Balance &Restricted Donatior 60,000 Total Restricted Fund Balance 60,000 20.3% 502 503 606 612 625 635 MEDICAL INFORMATION VEHICLE LIGKT&POWER WATER INSURANCE FLEET TECHNOLOGY REPLACEMENT TOTAL Revenues,As Amended $16,952,962 $5,596,748 $2,590.G25 $428,825 $726,276 $892,419 $58,485,329 Expenses,As Amended 19.983,031 10,218,788 2.002,909 426,571 715,771 366,916 65.729,730 Net (3.030,069)(4,622,040)587,716 2,254 10,505 525,503 (7,244,401) Estimated Beginning Fund Balance,1/1/18 8,577.461 7,977,106 809,414 470,571 255,695 1,484,478 25,987.755 Estimated Ending Fund Balance,12/31/18 $5,547,392 $3,355,066 $1,397,130 $472,825 $266,200 $2,009,981 $18,743,354 C CCADOPTEDthis27thdayofMarch,2018.TOWNOFESTESPARKATTEST:Clerk